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Lam Research Corporation Reports Financial Results for the Quarter Ended December 29, 2024

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FREMONT, Calif., Jan. 29, 2025 /PRNewswire/ — Lam Research Corporation (the “Company,” “Lam,” “Lam Research”) today announced financial results for the quarter ended December 29, 2024 (the “December 2024 quarter”).

Highlights for the December 2024 quarter were as follows:

Revenue of $4.38 billion.U.S. GAAP gross margin of 47.4%, U.S. GAAP operating income as a percentage of revenue of 30.5%, and U.S. GAAP diluted EPS of $0.92.Non-GAAP gross margin of 47.5%, non-GAAP operating income as a percentage of revenue of 30.7%, and non-GAAP diluted EPS of $0.91.

Key Financial Data for the Quarters Ended 
December 29, 2024 and September 29, 2024
(in thousands, except per-share data, percentages, and basis points) 

U.S. GAAP

December 2024

September 2024

Change Q/Q

Revenue

$                4,376,047

$                4,167,976

+ 5 %

Gross margin as percentage of revenue

47.4 %

48.0 %

– 60 bps

Operating income as percentage of revenue

30.5 %

30.3 %

+ 20 bps

Diluted EPS

$                          0.92

$                          0.86

+ 7 %

Non-GAAP

December 2024

September 2024

Change Q/Q

Revenue

$                4,376,047

$                4,167,976

+ 5 %

Gross margin as percentage of revenue

47.5 %

48.2 %

– 70 bps

Operating income as percentage of revenue

30.7 %

30.9 %

– 20 bps

Diluted EPS

$                          0.91

$                          0.86

+ 6 %

U.S. GAAP Financial Results

For the December 2024 quarter, revenue was $4,376 million, gross margin was $2,073 million, or 47.4% of revenue, operating expenses were $739 million, operating income was 30.5% of revenue, and net income was $1,191 million, or $0.92 per diluted share on a U.S. GAAP basis. This compares to revenue of $4,168 million, gross margin of $2,003 million, or 48.0% of revenue, operating expenses of $738 million, operating income of 30.3% of revenue, and net income of $1,116 million, or $0.86 per diluted share, for the quarter ended September 29, 2024 (the “September 2024 quarter”).

Non-GAAP Financial Results

For the December 2024 quarter, non-GAAP gross margin was $2,077 million, or 47.5% of revenue, non-GAAP operating expenses were $735 million, non-GAAP operating income was 30.7% of revenue, and non-GAAP net income was $1,175 million, or $0.91 per diluted share. This compares to non-GAAP gross margin of $2,009 million, or 48.2% of revenue, non-GAAP operating expenses of $722 million, non-GAAP operating income of 30.9% of revenue, and non-GAAP net income of $1,122 million, or $0.86 per diluted share, for the September 2024 quarter.

“Lam is executing at a high level at a pivotal moment for semiconductor manufacturing. Increasing demands on chip performance play into Lam’s strengths, with advanced deposition and etch applications set to comprise a growing share of WFE,” said Tim Archer, Lam Research’s President and Chief Executive Officer. “Our investments to win at key technology inflections are paying off, with more exciting opportunities ahead.”

Balance Sheet and Cash Flow Results

Cash, cash equivalents, and restricted cash balances decreased to $5.7 billion at the end of the December 2024 quarter compared to $6.1 billion at the end of the September 2024 quarter. The decrease was primarily the result of cash deployed for capital return activities and capital expenditures during the quarter, partially offset by cash generated from operating activities.

Deferred revenue at the end of the December 2024 quarter decreased to $2,032 million compared to $2,047 million as of the end of the September 2024 quarter. Lam’s deferred revenue balance does not include shipments to customers in Japan, to whom control does not transfer until customer acceptance. Shipments to customers in Japan are classified as inventory at cost until the time of acceptance. The estimated future revenue from shipments to customers in Japan was approximately $453 million as of December 29, 2024 and $184 million as of September 29, 2024.

Revenue

The geographic distribution of revenue during the December 2024 quarter is shown in the following table:

Region

Revenue

China

31 %

Korea

25 %

Taiwan

17 %

United States

9 %

Japan

8 %

Southeast Asia

7 %

Europe

3 %

The following table presents revenue disaggregated between system and customer support-related revenue:

Three Months Ended

December 29,
2024

September 29,
2024

December 24,
2023

(In thousands)

Systems revenue

$              2,625,649

$              2,392,730

$              2,299,286

Customer support-related revenue and other

1,750,398

1,775,246

1,458,973

$              4,376,047

$              4,167,976

$              3,758,259

Systems revenue includes sales of new leading-edge equipment in deposition, etch and clean markets.

Customer support-related revenue includes sales of customer service, spares, upgrades, and non-leading-edge equipment from our Reliant® product line.

Outlook

For the quarter ended March 30, 2025, Lam is providing the following guidance: 

U.S. GAAP

Reconciling
Items

Non-GAAP

Revenue

$4.65 Billion

+/-

$300 Million

—

$4.65 Billion

+/-

$300 Million

Gross margin as a percentage of revenue

47.9 %

+/-

1 %

$   2.8

Million

48.0 %

+/-

1 %

Operating income as a percentage of revenue

31.9 %

+/-

1 %

$   3.4

Million

32.0 %

+/-

1 %

Net income per diluted share

$1.00

+/-

$0.10

$   3.9

Million

$1.00

+/-

$0.10

Diluted share count

1.29 Billion

—

1.29 Billion

The information provided above is only an estimate of what the Company believes is realizable as of the date of this release and does not incorporate the potential impact of any business combinations, asset acquisitions, divestitures, restructuring, balance sheet valuation adjustments, financing arrangements, other investments, or other significant arrangements that may be completed or realized after the date of this release, except as described below. U.S. GAAP to non-GAAP reconciling items provided include only those items that are known and can be estimated as of the date of this release. Actual results will vary from this model and the variations may be material. Reconciling items included above are as follows:

Gross margin as a percentage of revenue – amortization related to intangible assets acquired through business combinations, $2.8 million.

Operating income as a percentage of revenue – amortization related to intangible assets acquired through business combinations, $3.4 million.

Net income per diluted share – amortization related to intangible assets acquired though business combinations, $3.4 million; amortization of debt discounts, $0.8 million; and associated tax benefit for non-GAAP items ($0.3 million); totaling $3.9 million.

Use of Non-GAAP Financial Results

In addition to U.S. GAAP results, this press release also contains non-GAAP financial results. The Company’s non-GAAP results for both the December 2024 and September 2024 quarters exclude amortization related to intangible assets acquired through business combinations, the effects of elective deferred compensation-related assets and liabilities, amortization of note discounts, and the net income tax effect of non-GAAP items. Additionally, the non-GAAP results for the December 2024 quarter exclude the income tax benefit from a change in tax law.

Management uses non-GAAP gross margin, operating expense, operating income, operating income as a percentage of revenue, net income, and net income per diluted share to evaluate the Company’s operating and financial results. The Company believes the presentation of non-GAAP results is useful to investors for analyzing business trends and comparing performance to prior periods, along with enhancing investors’ ability to view the Company’s results from management’s perspective. Tables presenting reconciliations of non-GAAP results to U.S. GAAP results are included at the end of this press release and on the Company’s website at https://investor.lamresearch.com.

Caution Regarding Forward-Looking Statements

Statements made in this press release that are not of historical fact are forward-looking statements and are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to, but are not limited to: our outlook and guidance for future financial results, including revenue, gross margin, operating income and net income; our operational execution; the prospects for semiconductor manufacturing and for demand for wafer fabrication equipment (“WFE”); chip performance demands; the competitive positioning of Lam’s products; growth in the significance of advanced deposition and etch applications as a proportion of wafer fabrication equipment spending; the success of our investments at key technology inflections; and the opportunities ahead of us. Some factors that may affect these forward-looking statements include: the actions of our customers and competitors may be inconsistent with our expectations; business, political and/or regulatory conditions in the consumer electronics industry, the semiconductor industry and the overall economy may deteriorate or change; trade regulations, export controls, trade disputes, and other geopolitical tensions may inhibit our ability to sell our products; supply chain cost increases and other inflationary pressures have impacted and may continue to impact our profitability; supply chain disruptions or manufacturing capacity constraints may limit our ability to manufacture and sell our products; and natural and human-caused disasters, disease outbreaks, war, terrorism, political or governmental unrest or instability, or other events beyond our control may impact our operations and revenue in affected areas; as well as the other risks and uncertainties that are described in the documents filed or furnished by us with the Securities and Exchange Commission, including specifically the Risk Factors described in our annual report on Form 10-K for the fiscal year ended June 30, 2024, and our quarterly report on Form 10-Q for the fiscal quarter ended September 29, 2024. These uncertainties and changes could materially affect the forward-looking statements and cause actual results to vary from expectations in a material way. The Company undertakes no obligation to update the information or statements made in this release.

Lam Research Corporation is a global supplier of innovative wafer fabrication equipment and services to the semiconductor industry. Lam’s equipment and services allow customers to build smaller and better performing devices. In fact, today, nearly every advanced chip is built with Lam technology. We combine superior systems engineering, technology leadership, and a strong values-based culture, with an unwavering commitment to our customers. Lam Research (Nasdaq: LRCX) is a FORTUNE 500® company headquartered in Fremont, Calif., with operations around the globe. Learn more at www.lamresearch.com. (LRCX)

Consolidated Financial Tables Follow.

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(in thousands, except per share data and percentages)
(unaudited) 

Three Months Ended

Six Months Ended

December 29,
2024

September 29,
2024

December 24,
2023

December 29,
2024

December 24,
2023

Revenue

$   4,376,047

$   4,167,976

$   3,758,259

$   8,544,023

$  7,240,321

Cost of goods sold

2,303,066

2,165,293

1,985,847

4,468,359

3,805,267

Restructuring charges, net – cost of goods sold

—

—

14,957

—

22,897

Total cost of goods sold

2,303,066

2,165,293

2,000,804

4,468,359

3,828,164

Gross margin

2,072,981

2,002,683

1,757,455

4,075,664

3,412,157

Gross margin as a percent of revenue

47.4 %

48.0 %

46.8 %

47.7 %

47.1 %

Research and development

494,947

495,358

469,712

990,305

892,341

Selling, general and administrative

244,150

243,128

228,843

487,278

435,866

Restructuring charges, net – operating expenses

—

—

1,688

—

3,709

Total operating expenses

739,097

738,486

700,243

1,477,583

1,331,916

Operating income

1,333,884

1,264,197

1,057,212

2,598,081

2,080,241

Operating income as a percent of revenue

30.5 %

30.3 %

28.1 %

30.4 %

28.7 %

Other income (expense), net

14,262

30,081

29,839

44,343

32,440

Income before income taxes

1,348,146

1,294,278

1,087,051

2,642,424

2,112,681

Income tax expense

(157,128)

(177,834)

(132,785)

(334,962)

(271,017)

Net income

$   1,191,018

$   1,116,444

$      954,266

$   2,307,462

$  1,841,664

Net income per share:

Basic

$             0.93

$             0.86

$             0.72

$             1.78

$            1.39

Diluted

$             0.92

$             0.86

$             0.72

$             1.78

$            1.39

Number of shares used in per share calculations:

Basic

1,287,109

1,299,236

1,316,293

1,293,173

1,321,067

Diluted

1,291,469

1,304,066

1,322,201

1,297,767

1,326,933

Cash dividend declared per common share

$             0.23

$             0.23

$             0.20

$             0.46

$            0.40

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(in thousands)

December 29,
2024

September 29,
2024

June 30,
2024

(unaudited)

(unaudited)

(1)

ASSETS

Cash and cash equivalents

$         5,665,379

$         6,067,471

$         5,847,856

Accounts receivable, net

3,304,946

2,937,217

2,519,250

Inventories

4,358,152

4,209,878

4,217,924

Prepaid expenses and other current assets

284,370

277,802

298,190

Total current assets

13,612,847

13,492,368

12,883,220

Property and equipment, net

2,313,590

2,214,269

2,154,518

Goodwill and intangible assets

1,761,021

1,758,344

1,765,073

Other assets

2,152,458

2,067,508

1,941,917

Total assets

$       19,839,916

$       19,532,489

$       18,744,728

LIABILITIES AND STOCKHOLDERS’ EQUITY

Current portion of long-term debt and finance lease obligations

$            504,136

$            504,682

$            504,814

Other current liabilities

4,846,160

4,837,986

3,833,624

Total current liabilities

5,350,296

5,342,668

4,338,438

Long-term debt and finance lease obligations

4,478,148

4,479,087

4,478,520

Income taxes payable

669,747

664,717

813,304

Other long-term liabilities

533,699

574,126

575,012

Total liabilities

11,031,890

11,060,598

10,205,274

Stockholders’ equity (2)

8,808,026

8,471,891

8,539,454

Total liabilities and stockholders’ equity

$       19,839,916

$       19,532,489

$       18,744,728

(1)

Derived from audited financial statements.

(2)

Common shares issued and outstanding were 1,284,956 as of December 29, 2024, 1,291,958 as of September 29, 2024, and 1,303,769 as of June 30, 2024.

 

LAM RESEARCH CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(in thousands, unaudited)

Three Months Ended

Six Months Ended

December 29,
2024

September 29,
2024

December 24,
2023

December 29,
2024

December 24,
2023

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income

$         1,191,018

$         1,116,444

$            954,266

$         2,307,462

$         1,841,664

Adjustments to reconcile net income to net cash provided
by operating activities:

Depreciation and amortization

96,200

94,295

90,941

190,495

181,420

Deferred income taxes

(82,854)

(108,722)

(88,747)

(191,576)

(112,985)

Equity-based compensation expense

81,959

80,011

69,901

161,970

137,112

Other, net

(8,592)

(457)

4,182

(9,049)

4,032

Changes in operating assets and liabilities

(535,789)

386,900

423,297

(148,889)

353,760

Net cash provided by operating activities

741,942

1,568,471

1,453,840

2,310,413

2,405,003

CASH FLOWS FROM INVESTING ACTIVITIES:

Capital expenditures and intangible assets

(188,349)

(110,588)

(115,276)

(298,937)

(192,268)

Net maturities and sales of available-for-sale securities

—

—

15,841

—

23,116

Other, net

12,974

37

(2,523)

13,011

(7,489)

Net cash used for investing activities

(175,375)

(110,551)

(101,958)

(285,926)

(176,641)

CASH FLOWS FROM FINANCING ACTIVITIES:

Principal payments on debt, including finance lease
obligations

(1,032)

(934)

(986)

(1,966)

(254,095)

Treasury stock purchases, including excise tax payments

(697,688)

(997,035)

(645,458)

(1,694,723)

(1,488,696)

Dividends paid

(297,634)

(260,985)

(264,414)

(558,619)

(494,746)

Reissuance of treasury stock related to employee stock
purchase plan

60,557

—

53,081

60,557

53,081

Proceeds from issuance of common stock, net issuance
costs

(194)

(43)

1,704

(237)

4,522

Other, net

761

(324)

(3,821)

437

(5,972)

Net cash used for financing activities

(935,230)

(1,259,321)

(859,894)

(2,194,551)

(2,185,906)

Effect of exchange rate changes on cash, cash equivalents,
and restricted cash

(26,022)

22,682

6,725

(3,340)

(4,306)

Net change in cash, cash equivalents, and restricted cash

(394,685)

221,281

498,713

(173,404)

38,150

Cash, cash equivalents, and restricted cash at beginning of
period (1)

6,072,084

5,850,803

5,126,809

5,850,803

5,587,372

Cash, cash equivalents, and restricted cash at end of
period (1)

$         5,677,399

$         6,072,084

$         5,625,522

$         5,677,399

$         5,625,522

(1)

Restricted cash is reported within Other assets in the Condensed Consolidated Balance Sheets

 

Non-GAAP Financial Summary
(in thousands, except percentages and per share data) 
(unaudited)

Three Months Ended

December 29,
2024

September 29,
2024

Revenue

$        4,376,047

$        4,167,976

Gross margin

$        2,077,151

$        2,009,022

Gross margin as percentage of revenue

47.5 %

48.2 %

Operating expenses

$           734,501

$           722,148

Operating income

$        1,342,650

$        1,286,874

Operating income as a percentage of revenue

30.7 %

30.9 %

Net income

$        1,175,000

$        1,121,507

Net income per diluted share

$                 0.91

$                 0.86

Shares used in per share calculation – diluted

1,291,469

1,304,066

 

Reconciliation of U.S. GAAP Net Income to Non-GAAP Net Income
(in thousands, except per share data) 
(unaudited) 

Three Months Ended

December 29,
2024

September 29,
2024

U.S. GAAP net income

$           1,191,018

$           1,116,444

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations – cost of goods sold

2,817

3,076

Elective deferred compensation (“EDC”) related liability valuation increase – cost of goods sold

1,353

3,263

EDC related liability valuation increase – research and development

2,432

8,136

Amortization related to intangible assets acquired through certain business combinations – selling, general and
administrative

538

692

EDC related liability valuation increase – selling, general and administrative

1,626

7,510

Amortization of note discounts – other income (expense), net

772

765

Gain on EDC related asset – other income (expense), net

(4,502)

(17,420)

Net income tax benefit on non-GAAP items

(276)

(959)

Income tax benefit from a change in tax law

(20,778)

—

Non-GAAP net income

$           1,175,000

$           1,121,507

Non-GAAP net income per diluted share

$                    0.91

$                    0.86

U.S. GAAP net income per diluted share

$                    0.92

$                    0.86

U.S. GAAP and non-GAAP number of shares used for per diluted share calculation

1,291,469

1,304,066

 

Reconciliation of U.S. GAAP Gross Margin, Operating Expenses and Operating Income to Non-GAAP Gross Margin,
Operating Expenses and Operating Income
(in thousands, except percentages)
(unaudited) 

Three Months Ended

December 29,
2024

September 29,
2024

U.S. GAAP gross margin

$        2,072,981

$        2,002,683

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations

2,817

3,076

EDC related liability valuation increase

1,353

3,263

Non-GAAP gross margin

$        2,077,151

$        2,009,022

U.S. GAAP gross margin as a percentage of revenue

47.4 %

48.0 %

Non-GAAP gross margin as a percentage of revenue

47.5 %

48.2 %

U.S. GAAP operating expenses

$           739,097

$           738,486

Pre-tax non-GAAP items:

Amortization related to intangible assets acquired through certain business combinations

(538)

(692)

EDC related liability valuation increase

(4,058)

(15,646)

Non-GAAP operating expenses

$           734,501

$           722,148

U.S. GAAP operating income

$        1,333,884

$        1,264,197

Non-GAAP operating income

$        1,342,650

$        1,286,874

U.S. GAAP operating income as percent of revenue

30.5 %

30.3 %

Non-GAAP operating income as a percent of revenue

30.7 %

30.9 %

Lam Research Corporation Contacts:
Ram Ganesh, Investor Relations, phone: 510-572-1615, e-mail: investor.relations@lamresearch.com

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SOURCE Lam Research Corporation

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DEKRA Korea to Acquire Global Product Service, Strengthening Consumer Electronics Testing and Certification Capabilities in Korea

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SOURCE DEKRA Asia Pacific

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The solution brings together BLUETTI’s proprietary BLUETTI GO platform and a range of PAYGO-enabled solar home systems, reflecting a broader shift in the industry from standalone hardware sales to more structured distribution and financing models.

PAYGO has gained traction in regions where upfront costs remain a key barrier to energy access. By enabling installment-based payments and remote device management, the model allows consumers to access electricity services with lower initial investment, while offering distributors greater visibility into repayment and asset performance.

BLUETTI GO serves as a centralized platform for distributors, integrating sales tracking, inventory control, credit profiling, payment overdue tracking, risk monitoring, and operational analysis. These features are designed to help partners operate more efficiently and support long-term business planning in PAYGO-driven markets.

The company’s product lineup includes entry-level solar home systems such as the P80(battery capacity 76.8Wh), to African Star (battery capacity 1728Wh), designed for basic electricity needs, as well as the higher-capacity Home Star (battery capacity 2kWh-5kWh) series for off-grid household energy storage. These systems can be deployed independently or bundled with appliances such as televisions, fans, and lighting equipment.

As demand for decentralized energy solutions grows across Africa, supported by both public and private investment in renewable infrastructure, PAYGO models are playing a larger role in bridging the gap between energy access and affordability. 

Driven by product breakthroughs and innovative business practices, BLUETTI has been enlarging its footprint in the region in recent years. The company operates across more than 40 African countries, supported by local teams and pilot programs, including a Nigerian initiative launched in 2020 that has expanded into a network of branded retail outlets.

About BLUETTI

Founded in 2013, BLUETTI is a leading global provider of energy storage solutions, specializing in home solar batteries, portable power stations, and solar generators. Through initiatives like the LAAF (Lighting Africa Affordable Financing program), BLUETTI aims to power 1 million African families in off-grid areas. Today, it serves over 3.5 million users in 140+ countries and regions. Learn more: https://bluetti.com/

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Moomoo Pioneers the Era of Agentic Investing with Launch of Moomoo API Skills

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15 minutes ago

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April 20, 2026

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The first AI-powered API Skills that turn trading ideas into execution — no coding required

KUALA LUMPUR, Malaysia and SINGAPORE, April 15, 2026 /PRNewswire/ — Moomoo today announced the launch of Moomoo API Skills, its AI-powered capability that enables investors to execute sophisticated trading strategies using natural language — marking a major leap in making institutional-grade tools accessible to all.

This breakthrough positions Moomoo at the forefront of a new era of investing, where anyone with an idea can turn it into action — without writing a single line of code.

A First-of-Its-Kind Breakthrough in Investor Accessibility

For years, advanced trading capabilities such as algorithmic strategies, real-time automation, and multi-market data access have long been limited to professional traders.

Moomoo API Skills removes this barrier.

Investors can now describe their strategy in plain language, from technical signals to execution conditions, and have it translated into live or simulated trades instantly.

“This is the first time Wall Street-level trading capability is made truly accessible through everyday language,” said Robin Xu, Group Senior Partner & Senior Vice President, Futu Holdings. “We are not just simplifying trading tools — we are redefining who gets to use them.”

From Tools to Trading Assistants

Moomoo API Skills introduces a new paradigm of agentic investing, where AI acts as an execution partner rather than a passive tool.

Instead of navigating complex systems, investors can:

Describe their strategyLet AI translate it into execution logicMonitor and respond to markets in real time

This effectively creates an always on trading assistant, enabling faster and more structured decision making.

Institutional Capabilities Made Accessible

Built on Moomoo’s Open API ecosystem, the capability provides:

Zero code strategy executionGlobal market access across US, Singapore, Hong Kong SAR, Japan, and moreReal time monitoring and automated triggers

At the same time, Moomoo maintains strong control and security through its local-first architecture powered by Moomoo OpenD, where:

Data remains on the user’s local environmentExecution requires user confirmationExposure to third party risks is reduced

Closing the Execution Gap

Today’s investors are not short of information, but often face challenges in executing consistently and efficiently. Moomoo API Skills is designed to close this gap by simplifying how strategies are expressed and carried through. It also strengthens Moomoo’s ecosystem, including Moo Academy, MooveNetwork and the Option Playbook, enabling a seamless journey from learning to execution.

“The challenge today is no longer access to information, but the ability to act on it effectively,” said Xu.
“Moomoo API Skills helps investors translate intent into structured action while keeping them fully in control.”

Pioneering the Next Phase of Investing

The launch reflects a broader shift in investing, from tool based platforms to intent driven systems. With Moomoo API Skills, investors can define what they want to achieve, while intelligent systems handle how it is executed. This creates a more direct and structured path from idea to action, allowing investors to focus on strategy rather than operational complexity.

“We believe the next phase of investing is agentic — where investors define their intent and intelligent systems help carry out strategies. With Moomoo API Skills, investors can turn their ideas into structured strategies that can be tested and executed seamlessly within a single environment. Our focus is on enabling this in a way that enhances decision-making while keeping investors fully in control, bringing a more intuitive and accessible approach to strategy-driven investing,” said Xu.

About Moomoo

Moomoo is a leading global investment and trading platform dedicated to empowering investors with user-friendly tools, data, and insights. Our platform is designed to provide essential information and technology, enabling users to make well-informed investment decisions. With advanced charting tools, pro-level analytical features, Moomoo evolves alongside our users, fostering a dynamic community where investors can share, learn, and grow together.

Founded in the US, Moomoo has expanded its global presence to serve investors across multiple markets, including Singapore, Australia, Japan, Canada, Malaysia, and New Zealand. As a subsidiary of a Nasdaq-listed company, Moomoo is trusted by more than 29 million investors worldwide and has earned recognition from leading financial institutions and publications for its innovation and reliability.

For more information, please visit Moomoo’s official website at www.moomoo.com

Disclaimers

The contents herein do not constitute an offer, solicitation or recommendation to invest in any capital market products. Investors should understand the risks involved in relation to the products and services, conduct their own risk assessment and seek professional advice, where necessary. Investors should compare and consider the fee, charges and costs involved. Past performance is not indicative of future performance.

This document has not been reviewed by the Securities Commission Malaysia. Please refer to the Advertisement Disclaimer on our website.

Investments in capital market products involve risk. Full disclaimers at www.moomoo.com/sg/support/topic5_510. This advertisement has not been reviewed by the Monetary Authority of Singapore.

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SOURCE Moomoo

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